PROTECTED SOURCE SCRIPT
Price Volume Action
Real price movement vs. expectation based on volume. Useful for evaluating price/volume relationship and drawing insight.
The blue line is real % price movement. The background columns represent the expected % price movement based on the volume of that candle.
Similar to Ease of Movement in concept, but more appropriate for studying price action bar by bar.
The blue line (with default colors) being higher than it's gray column denotes ease of movement; a disproportionate amount of price movement compared to it's volume, basically a lack of resistance. The blue line being lower than the gray column implies higher resistance than expected.
In combination with the candles and volume this allows a deeper insight into the market action in context.
Options to switch between High/Low values and Open/Close values. Optional colorblind friendly color schemes.
The blue line is real % price movement. The background columns represent the expected % price movement based on the volume of that candle.
Similar to Ease of Movement in concept, but more appropriate for studying price action bar by bar.
The blue line (with default colors) being higher than it's gray column denotes ease of movement; a disproportionate amount of price movement compared to it's volume, basically a lack of resistance. The blue line being lower than the gray column implies higher resistance than expected.
In combination with the candles and volume this allows a deeper insight into the market action in context.
Options to switch between High/Low values and Open/Close values. Optional colorblind friendly color schemes.
Script protegido
Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.
¿Quiere utilizar este script en un gráfico?
discord.gg/mFYvr2bGtu - FREE Trading Chat Rooms
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.